Youre not missing anything.

Humans are funny. But most cant seem to understand that the tool is a mirage and they are putting false expectations on it. E.g. management of firms cutting back on hiring under the expectation that LLMs will do magic - with many cheering 'this is the worst itll be bro!!".

I just hope more people realise before Anthropic and OAI can IPO. I would wager they are in the process of cleaning up their financials for it.